Fast casual Mexican Restaurants with established catering service.
Located in neighborhood shopping centers in San Diego Coastal cities.
Esablished 1992. Current owners since 2009.
Husband and wife owners combine for 20 hours per week in the business, so management and employee operated.
25 employees between the 2 stores, including managers, full and part time.
Reason for sale is to concentrate on their other restaurants over 20 miles away, and to prepare for retirement.
Sales for the 2 stores, including catering have exceeded $2.2 m , and projected sales for 2025 are the same.
Owner adjusted net cash flow for 2025 is estimated to be about $280,000.
There are 2 established long term leases at favorable rates that could be assumed by qualified buyers.
1700 sq ft and 1200 sq ft plus outside patio seating.
Asking price for both restaurants and the catering service is only $750,000, and includes-
Recipes
Catering Service
Website
Manuals
Tradename
Existing leases
Beer and Wine Licences
All equipment, furniture, fixtures and leasehold improvements valued at $415,000 new
Ad#:2440773
